Company Valuation: Supalai

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,223 47,459 36,327 35,546 32,070 29,995 - -
Change - 7.32% -23.46% -2.15% -9.78% -6.47% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 62,415 62,629 62,188
Change - -24.05% 23.85% 9.92% 2.57% -5.82% 0.34% -0.7%
P/E 6.25x 5.8x 6.06x 5.74x 8.13x 7.11x 6.73x 6.12x
PBR 1.05x - 0.72x 0.67x 0.6x 0.54x 0.52x 0.5x
PEG - 0.4x -0.2x 1.76x -0.2x 1.03x 1.18x 0.6x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.19x 1.16x 1.09x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.47x 2.42x 2.27x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 11.7x 11.3x 10.8x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 13.2x 12.6x 11.2x
EV / FCF 15.9x - -227x -69.5x 93.1x 11.9x 19.5x 14.3x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 8.41% 5.14% 7.01%
Dividend per Share 2 1 - 1.45 1.35 1.4 1.243 1.271 1.356
Rate of return 4.41% - 7.8% 7.42% 8.24% 7.82% 7.99% 8.53%
EPS 2 3.63 4.19 3.07 3.17 2.09 2.235 2.363 2.6
Distribution rate 27.5% - 47.2% 42.6% 67% 55.6% 53.8% 52.2%
Net sales 1 29,160 34,486 31,177 31,194 24,124 25,237 25,931 27,445
EBITDA 1 8,444 9,514 7,386 7,665 4,680 5,315 5,551 5,781
EBIT 1 8,321 9,387 7,249 7,462 4,467 4,729 4,985 5,541
Net income 1 7,070 8,173 5,989 6,190 4,015 4,328 4,574 5,014
Net Debt 1 18,264 - 22,453 29,064 34,200 32,420 32,635 32,194
Reference price 2 22.70 24.30 18.60 18.20 17.00 15.90 15.90 15.90
Nbr of stocks (in thousands) 1,948,141 1,953,054 1,953,054 1,953,054 1,886,454 1,886,454 - -
Announcement Date 2/22/22 2/21/23 2/20/24 2/25/25 2/25/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.13x2.47x11.7x7.8% 906M
15.1x4.82x12.97x3.35% 42.99B
8.61x1.49x7.8x4.13% 29.74B
18.41x4.03x16.47x1.34% 28.08B
6.23x0.33x0.69x8.99% 26.76B
13.66x3.05x14.7x2.59% 24.75B
8.84x2.28x7x3.95% 20.82B
8.03x0.89x3.24x2.78% 20.55B
13.7x6.59x17.66x1.55% 19.8B
10.08x1.64x14.18x3.74% 18.37B
Average 10.98x 2.76x 10.64x 4.02% 23.28B
Weighted average by Cap. 11.77x 2.91x 10.60x 3.67%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield